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Elicitation of Expert Opinions for Uncertainty and Risks

Bilal M. Ayyub




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 | #4046399 in eBooks |  2001-06-27 |  2001-06-27 | File type: PDF

||2 of 4 people found the following review helpful.| Subjectivity Can Be As Useful As Objectivity|By Robert Finkelstein|The book provides a wide view of the topic, as useful background information and context for the subject, before focusing on the details needed by the reader for a variety of practical applications. Expert opinion is used by decision-makers, for example, in performing technology assessment to determine the dire

Experts, despite their importance and value, can be double-edged swords. They can make valuable contributions from their deep base of knowledge, but those contributions may also contain their own biases and pet theories. Therefore, selecting experts, eliciting their opinions, and aggregating their opinions must be performed and handled carefully, with full recognition of the uncertainties inherent in those opinions.

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